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October 31, 2008

Credit Suisse/Tremont Completes Semi-Annual Rebalancing of the AllHedge Index, the Blue Chip Index and the LEA Index

New York, October 28, 2008--The Credit Suisse Index Co., Inc announced that as of October 1, 2008, the Credit Suisse/Tremont AllHedge Index (“SECTAH”), the Credit Suisse/Tremont Blue Chip Index (“INVX”) and the Credit Suisse/Tremont Specialty Indices (“LEA”) completed their routine semi-annual rebalancing of funds.

The Credit Suisse/Tremont family of hedge fund indices includes four separate indices:

1. The Hedge Fund Index (the “Broad Index”), an asset-weighted benchmark that measures hedge fund performance

2. The AllHedge Index (“SECTAH”), an investable index comprised of all 10 Credit Suisse/Tremont Sector Invest indices weighted according to the sector weights of the Broad Index

3. The Blue Chip Index (“INVX”), an investable index comprised of the 60 largest funds across the ten style-based sectors in the broad index; and

4. The Specialty Indices, the first of which is the LEA Index, an asset-weighted, composite index which provides insight in to three specific regions of the emerging markets hedge fund universe (Latin America, EEMEA (Emerging Europe, Middle East and Africa) and Asia).

The rebalancing for SECTAH resulted in the addition of four funds, the rebalancing for INVX resulted in the addition of six funds and the rebalancing for LEA resulted in the addition of three funds. The indices are constructed on an objective, rules-based methodology, which includes the following criteria:

• Funds for SECTAH and INVX are selected from the Credit Suisse/Tremont Hedge Fund Index
• Funds for SECTAH generally represent a minimum of 70% of the AUM of the investable universe of the Credit Suisse/Tremont Hedge Fund Index
• Funds for INVX generally represent the six largest eligible open funds in each of the ten sectors
• Funds for LEA generally represent the largest eligible funds in each of the three regions in the LEA investable index universe
• Funds are determined by application of construction rules


The funds that were added in SECTAH include: Basso Investors Ltd., Boyer Allan Pacific Fund Inc., Metropolitan Captial Advisors International Ltd., Paulson Advantage Plus Ltd. As of October 1, SECTAH is comprised of 137 constituent hedge funds.

The funds that were added in INVX include: Basso Investors Ltd, Paulson Advantage Plus Ltd, Henderson Global Fixed Income Absolute Return Fund, Renaissance Institutional Futures Fund LLC, GLG European Long/Short Fund, Boronia Diversified Fund Limited. As of October 1, INVX is comprised of 60 constituent hedge funds.

The funds that were added in LEA include: Boyer Allen Pacific Fund, GAM Frontier Opportunities Equity Hedge and Visio 4 Fund. As of October 1, LEA is comprised of 44 constituent hedge funds.

The new constituent funds were added as of October 1, 2008.

After the rebalancing, the sector weightings for SECTAH are as follows:

Sector Weights At April 1, 2008 Rebalancing Sector Weights At October 1, 2008 Rebalancing
Convertible Arbitrage 2.18% 1.70%
Dedicated Short 0.46% 0.55%
Emerging Markets 7.24% 8.39%
Equity Market Neutral 5.39% 5.33%
Event Driven 24.89% 24.40%
Fixed Income Arbitrage 4.89% 4.64%
Global Macro 10.51% 13.96%
Long/Short Equity 29.74% 26.64%
Managed Futures 3.61% 3.77%
Multi-Strategy 11.11% 10.62%

After the rebalancing, the sector weightings for INVX are as follows:

Sector Weights At April 1, 2008 Rebalancing Sector Weights At October 1, 2008 Rebalancing
Convertible Arbitrage 2.13% 2.06%
Dedicated Short 0.90% 1.04%
Emerging Markets 6.89% 5.98%
Equity Market Neutral 7.47% 8.63%
Event Driven 21.00% 21.00%
Fixed Income Arbitrage 6.25% 5.82%
Global Macro 13.12% 16.58%
Long/Short Equity 20.36% 16.68%
Managed Futures 6.82% 7.62%
Multi-Strategy 15.08% 14.59%

After the rebalancing, the regional breakdown for LEA is as follows:

Sector Weights At April 1, 2008 Rebalancing Sector Weights At October 1, 2008 Rebalancing
Asia 38.80% 40.00%
EEMEA 21.11% 27.31%
Latin America 40.09% 32.69%

Contact Information
Credit Suisse Hedge Fund Index Investor Relations, telephone +1 212 538 0583, hfindices.ir@credit-suisse.com
Meg Bode, Bode Associates, telephone 516 869 6610, meg@bodeassociates.com
Suzanne Fleming, Corporate Communications Credit Suisse, telephone 212 325 7396 suzanne.fleming@credit-suisse.com

Credit Suisse
As one of the world"s leading banks, Credit Suisse provides its clients with private banking, investment banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 49,000 people. Credit Suisse"s parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group"s registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

Asset Management
In its Asset Management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as private equity, real estate, hedge funds, and volatility management. Credit Suisse’s Asset Management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 23 countries, Credit Suisse’s Asset Management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world.

The Asset Management business of Credit Suisse is comprised of a number of legal entities around the world that are subject to distinct regulatory requirements; certain asset management products and services may not be available in all jurisdictions or to all client types.

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Certain information contained in this document constitutes “Forward-Looking Statements” (including observations about markets and industry and regulatory trends as of the original date of this document), which can be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “anticipate”, “target”, “project”, “estimate”, “intend”, “continue” or “believe”, or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties beyond our control, actual events, results or performance may differ materially from those reflected or contemplated in such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Credit Suisse has no obligation to update any of the forward-looking statements in this document.


© 1999-2014 Credit Suisse Hedge Index LLC. All rights reserved.Credit Suisse Hedge Fund Index was formerly known as Dow Jones Credit Suisse Hedge Fund Index from June 22, 2010 to September 15, 2013. Credit Suisse AllHedge Index was formerly known as Dow Jones Credit Suisse AllHedge Index from June 22, 2010 to September 15, 2013. Credit Suisse Blue Chip Hedge Fund Index was formerly known as Dow Jones Credit Suisse Blue Chip Hedge Fund Index from June 22, 2010 to September 15, 2013.